manufacturing News

March Sees a 0.3% Dip in US Industrial Production Amid Mixed Sector Performances

US industrial production fell by 0.3% in March, with a notable drop in utilities due to warmer weather. However, manufacturing and mining saw slight increases, and business equipme...

Canada Announces Six-Month Tariff Relief for US Goods to Boost Manufacturing and Healthcare

Canada introduces a six-month tariff relief for US goods used in manufacturing and essential sectors, alongside a new framework to support automakers, aiming to strengthen economic...

Joe Creed to Lead Caterpillar as New CEO: A New Era Begins May 1

Caterpillar announces Joe Creed as the new CEO effective May 1, succeeding D. James Umpleby III who transitions to Executive Chairman. Creed's 28-year tenure and diverse roles with...

Caterpillar Announces Joe Creed as New CEO, Marking a New Era Starting May 1

Caterpillar Inc. announces Joe Creed as its new CEO starting May 1, succeeding D. James Umpleby III who transitions to Executive Chairman. Creed, with 28 years at Caterpillar, brin...

Canada Announces Six-Month Tariff Relief on US Goods to Boost Manufacturing and Public Health

Canada introduces a six-month tariff relief on US goods to support manufacturing and public health sectors, alongside a new framework to incentivize automotive industry growth.

Caterpillar Announces Joe Creed as New CEO, Marking a New Era Starting May 1

Caterpillar Inc. announces Joe Creed as its new CEO effective May 1, with D. James Umpleby III transitioning to Executive Chairman. Creed, with 28 years at Caterpillar, is set to l...

Canada Announces Six-Month Tariff Relief for Key US Imports to Boost Manufacturing and Health Sectors

Canada introduces a six-month tariff relief for US imports crucial to manufacturing and health sectors, alongside a new framework to support the automotive industry's growth and in...

Canada Announces Six-Month Tariff Relief for US Goods to Boost Manufacturing and Health Sector

Canada introduces a six-month tariff relief for US goods used in manufacturing and health sectors, alongside incentives for automakers to encourage production and investment in Can...

Canada Announces Six-Month Tariff Relief for US Goods to Boost Manufacturing and Healthcare

Canada introduces a six-month tariff relief for US goods used in manufacturing and healthcare, alongside a new framework to incentivize automakers, aiming to strengthen domestic pr...

UK Economic Activity Accelerates in March: A Closer Look at PMI Growth

The UK's PMI Composite Output Index rose to 51.5 in March, indicating growth in both services and manufacturing sectors. The Services PMI also increased, with technology and financ...

Germany's Manufacturing Sector Hits 31-Month High in March, Signaling Robust Recovery

Germany's manufacturing sector reached a 31-month high in March, with the PMI at 48.3. Growth was driven by new orders and domestic sales, though challenges like falling employment...

Eurozone Manufacturing Shows Signs of Recovery as PMI Hits 26-Month High in March

The Eurozone's manufacturing sector improved in March with the PMI reaching a 26-month high of 48.6. Production increased for the first time since March 2023, and job cuts slowed, ...

Japan's Manufacturing Sector Faces Steeper Decline: March PMI Hits One-Year Low

Japan's manufacturing sector experienced a sharper decline in March, with the PMI index dropping to 48.4, a 0.6-point fall from February, marking the lowest point in a year. S&...

Intel's New CEO Eager to Collaborate with Trump Administration on Tech Leadership

Intel Corp.'s CEO Lip-Bu Tan expresses eagerness to work with the Trump administration to strengthen U.S. technology and manufacturing leadership, while committing to Intel's engin...

March Sees Eurozone Business Activity Surge to a 7-Month Peak Amid Mixed Sector Performances

The Eurozone's business activity reached a seven-month high in March, with the Composite PMI Output Index rising to 50.4. While the services sector saw a slight decline, manufactur...

March Sees a Surge in US Business Activity Amid Tariff Concerns and Manufacturing Dip

The US private sector showed improved activity in March, with services reaching a three-month high, while manufacturing dipped. Tariff concerns are rising, affecting costs and infl...

March Sees Eurozone Business Activity Climbing to a 7-Month Peak Amid Mixed Sector Performances

The Eurozone's business activity reached a 7-month high in March, with the Composite PMI Output Index rising to 50.4. However, the services sector saw a slight decline, while manuf...

March Sees Surge in US Private Sector Activity Amid Tariff Concerns

In March, the US private sector saw a rise in activity with the PMI reaching 53.5. Services hit a three-month high, while manufacturing fell to a three-month low. Tariff concerns a...

March Sees Eurozone Business Activity Reach a 7-Month Peak Amid Economic Shifts

The Eurozone's business activity reached a 7-month high in March, with the Composite PMI Output Index rising to 50.4. The manufacturing sector showed significant improvement, hitti...

Eurozone Business Activity Surges to 7-Month High in March, Signaling Economic Resilience

The Eurozone's business activity reached a 7-month high in March, with the Composite PMI Output Index at 50.4. While the services sector saw a slight decline, manufacturing hit a 2...

March Sees Eurozone Business Activity Climb to a 7-Month Peak Amid Mixed Sector Performances

The Eurozone's business activity reached a 7-month high in March, with the Composite PMI at 50.4. Services saw a slight decline, while manufacturing hit a 26-month peak. Experts no...

Eurozone Business Activity Soars to a 7-Month Peak in March, Signaling Economic Resilience

The Eurozone's business activity reached a 7-month high in March, with the Composite PMI Output Index rising to 50.4. While the services sector saw a slight decline, manufacturing ...

Indian Government Allocates Rs 14,020 Crore in Incentives Across 10 Key Sectors

The Indian government has allocated Rs 14,020 crore in incentives under the Production Linked Incentive (PLI) schemes across 10 key sectors to boost manufacturing and exports. Thes...

The Wealth Company Aims for a Massive Rs 10,000 Crore Fundraise in 2025

The Wealth Company Asset Management plans a Rs 10,000 crore fundraise in 2025, including the Bharat Value Fund (Series - IV). Targeting growth in manufacturing and renewable sector...

Hyundai's Vision for India: A Deep Dive into Future Strategies and EV Expansion

Hyundai Motor India Limited hosted a town hall meeting with José Muñoz, president & CEO of Hyundai Motor Company, discussing global vision, growth in India, and plans for expanding...

Danfoss Expands Its Footprint in India with a New State-of-the-Art Plant in Pune

Danfoss Power Solutions invests over Rs 1,000 crore in a new greenfield plant in Pune, aiming to double its manufacturing footprint in India and support global markets with enhance...

India Emerges as Global Trusted Partner: PM Modi Calls for Industry to Seize Opportunities

Prime Minister Narendra Modi urges Indian industry to seize global opportunities, emphasizing India's role as a trusted global partner. Announcements include boosting manufacturing...

Japan's Manufacturing Sector Shows Slight Improvement Amidst Ongoing Challenges in February

Japan's manufacturing sector experienced a slight improvement in February, with the Jibun Bank Flash Manufacturing PMI Index rising to 49.0. However, the sector continues to face c...

Switzerland Faces Economic Slowdown: Key Industries Under Pressure in February

Switzerland's economic activity saw a decline in February, with the KOF Economic Barometer dropping to 101.7 points. Key industries, including manufacturing and services, are under...

Swiss Economy Faces Downturn: A Closer Look at February's Economic Barometer Drop

Switzerland's economic activity saw a downturn in February, as reported by the KOF Swiss Economic Institute. The KOF Economic Barometer fell to 101.7 points, with production-side i...

Switzerland's Economic Momentum Slows Down: A Closer Look at February's Decline

Switzerland's economic activity saw a decline in February, as reported by the KOF Swiss Economic Institute. Key sectors like manufacturing and services faced pressure, with some in...

Apple Eyes Indonesia for iPhone Manufacturing Hub to Circumvent Sales Ban

Apple Inc. is negotiating to open an iPhone assembly plant in Indonesia to comply with local manufacturing requirements and lift the sales ban on iPhone 16. Preparations are underw...